[wyago]

Given that the suit was about wage collusion, not about suppressing raises, calculating based on raises seems like an incorrect method. The reason prices were lower was not due to a lack of raises, but rather because those companies were artificially suppressing the demand for software engineers by agreeing not to poach, which makes calculating exact losses extremely difficult (unless we can precisely quantify the loss in demand).

[brookside]

This, exactly. We aren't talking about a typical annual wage increase percentage, but collusion that effectively set a cap on salaries for certain types of employees couldn't test the market. I'm wildly guessing, but i would think the difference in salary for many was 40k+ a year.